Progressive income taxation, standard VAT rate on several products, among IMF recommendations
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International Monetary Fund experts recommend to the Bucharest authorities the possible progressive taxation of personal income, the increase of VAT revenues, including by taxing more products at the standard rate of 19 percent and the introduction of a carbon tax in transport and construction.
An International Monetary Fund mission, led by Jan Kees Martijn, was in Bucharest this week to analyse recent economic and financial developments and review macroeconomic forecasts, agerpres reports. In the conclusions published on Thursday at the end of the visit, the experts forecast fiscal deficits…
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